# Cattle prices on the rise with beef demand -  | Ag Proud

> Texas AgriLife economist David Anderson said fed cattle prices rose $4 to $5 per hundredweight in the week before March 2, 2017, due to strong domestic and foreign beef demand. Packers' good margins and grocery beef promotions drove higher bids to feedlots. Warm, dry weather may have boosted grilling demand.

- Date: 2017-03-02 · published 2017-03-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6025-cattle-prices-on-the-rise-with-beef-demand-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Stronger packer demand for fed cattle lifts cash prices and supports feedlot demand for feed. The spring rally in fed cattle values points to firmer beef-chain pricing.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-27 | 1 | +2.7% | 3.8 | Fed cattle prices up $4-5 on strong beef demand and packer margins reinforce bullish cash fundamentals underlying the rally. |

## Sources

- agproud.com: https://www.agproud.com/articles/49450-cattle-prices-on-the-rise-with-beef-demand

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.